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CFTC Approves Stock Perpetual Futures and Faces Lawsuit on Same Day

(2 hours ago) · 1 source · Summarized by CryptoBipto

The U.S. Commodity Futures Trading Commission (CFTC) cleared the way for perpetual futures contracts tied to stocks. On the same day the approval was announced, a lawsuit was filed challenging the decision.

WHY IT MATTERS

Think of a futures contract like an agreement to buy or sell something at a set price on a specific date in the future.

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SOURCES

  • decrypt.co

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